Learning Goal: I’m working on a international economics discussion question and

Learning Goal: I’m working on a international economics discussion question and need an explanation and answer to help me learn.How do fiscal and monetary policies under the fixed exchange rate in Saudi Arabia help the country to increase the living standard? What are the goals of the monetary and fiscal policies, and how are they achieved? What are the challenges that the country may encounter on the journey to achieve these goals?Embed course material concepts, principles, and theories, which require supporting citations along with at least one scholarly, peer-reviewed reference in supporting your answer unless the discussion calls for more. Keep in mind that these scholarly references can be found in the Saudi Digital Library by conducting an advanced search specific to scholarly references.
Use Saudi Electronic University academic writing standards and APA style guidelines
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For Your SuccessUnder conditions of globalization and floating exchange rates, the volume and velocity of capital flows around the world have increased, putting a great deal of pressure and stress on traditional financial institutions and the ability of states to use macroeconomic policy to maintain stability and employment. Pay attention to the economics of macroeconomic policies. Consider the following question as you progress through the module: When does a policy conflict occur?Be sure to participate in this week’s Discussion Board. Additionally, end of this week.Learning OutcomesAnalyze the concepts and tools of macroeconomic policy and the underlying economics.
Evaluate monetary and fiscal policies
Requirements: 2-3